5, SPRING CLOSE, HORAM, HEATHFIELD, TN21 0FZ - £347,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 SPRING CLOSE is a very small detached house of 91m², which could now be worth an estimated £374,149. It was last sold for £347,500 in February 2021, which was around 36% below the average February 2021 detached price in the Wealden local authority area. The most recent EPC inspection was July 2020, where the current energy rating was B, and the potential energy rating was A.

5 SPRING CLOSE Sold Prices

Land registry data shows one sale for 5 SPRING CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Wealden local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 3 FEB	£347,500	£542,426	36% below HPI

What might 5 SPRING CLOSE be worth now?

5 SPRING CLOSE might now be worth an estimated £374,149.

This is based on house price inflation of 7.7%, between February 2021 and March 2026, for detached houses, in the Wealden local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.7% inflationary increase is applied to the most recent sale price for 5 SPRING CLOSE of £347,500 on 3rd February 2021. For the value to have increased from £347,500 to £374,149 over the four years and eleven months to March 2026, the following assumptions must hold true:

• The value of 5 SPRING CLOSE has moved in line with the HPI for detached houses in the Wealden local authority area.
• The February 2021 sale price of £347,500 represented a fair market value for the property.
• The size, condition, and specification of 5 SPRING CLOSE has not materially changed since February 2021.

How Large is 5 SPRING CLOSE?

5 SPRING CLOSE is 91m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 20% of detached houses in Horam, based on EPC data. The below chart shows the distribution of detached houses by size in Horam, and where 5 SPRING CLOSE lies on this distribution: 18% of detached houses are smaller than 5 SPRING CLOSE, and 81% of detached houses are larger. Note that EPC data is not available for all properties in Horam.

5 SPRING CLOSE: Plot

5 SPRING CLOSE sits on a plot of roughly 0.055 of an acre, or 224m².

Where is 5 SPRING CLOSE?

5 SPRING CLOSE is located in HORAM, in the TN21 postcode district.